The Gross Domestic Product (GDP) in Australia was worth 1752.19 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Australia represents 1.65 percent of the world economy. This dataset provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Australia.

Australia: Economic freedom, overall index (0-100): The latest value from 2025 is 79 index points, an increase from 76 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Australia from 1995 to 2025 is 79 index points. The minimum value, 74 index points, was reached in 1995 while the maximum of 83 index points was recorded in 2009.

GDP: South Australia data was reported at 148,746.000 AUD mn in 2024. This records an increase from the previous number of 140,499.000 AUD mn for 2023. GDP: South Australia data is updated yearly, averaging 70,906.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 148,746.000 AUD mn in 2024 and a record low of 31,183.000 AUD mn in 1990. GDP: South Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.

Key information about Australia Nominal GDP Growth

• Australia Nominal GDP Growth was reported at 4.059 % in Jun 2025.
• This records an increase from the previous number of 3.711 % for Mar 2025.
• Australia Nominal GDP Growth data is updated quarterly, averaging 4.893 % from Sep 1960 to Jun 2025, with 260 observations.
• The data reached an all-time high of 23.811 % in Dec 1973 and a record low of -5.722 % in Jun 2020.
• Australia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

Australia: Business freedom index (0-100): The latest value from 2025 is 93 points, an increase from 92 points in 2024. In comparison, the world average is 63 points, based on data from 174 countries. Historically, the average for Australia from 1995 to 2025 is 85 points. The minimum value, 70 points, was reached in 1995 while the maximum of 96 points was recorded in 2013.

Business Confidence in Australia decreased to 6 points in October from 7 points in September of 2025. This dataset provides - Australia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Business Tendency Surveys for Manufacturing: Business Situation: Future Tendency: National Indicator for Australia (DISCONTINUED) (BSBUFT01AUQ460N) from Q1 1966 to Q3 2013 about business sentiment, Australia, business, and manufacturing.

Australia GDP: Growth: Gross Capital Formation data was reported at 5.717 % in 2021. Australia GDP: Growth: Gross Capital Formation data is updated yearly, averaging 5.717 % from Jun 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 5.717 % in 2021 and a record low of 5.717 % in 2021. Australia GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Graph and download economic data for Business Tendency Surveys for Manufacturing: Production: Tendency: European Commission and National Indicators for Australia (DISCONTINUED) (BSPRTE02AUQ460N) from Q1 1966 to Q3 2013 about business sentiment, Australia, business, production, and manufacturing.

Australia GDP: Real: Discrepancy data was reported at 1.000 AUD mn in 2023. Australia GDP: Real: Discrepancy data is updated yearly, averaging 1.000 AUD mn from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 1.000 AUD mn in 2023 and a record low of 1.000 AUD mn in 2023. Australia GDP: Real: Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Real. A statistical discrepancy usually arises when the GDP components are estimated independently by industrial origin and by expenditure categories. This item represents the discrepancy in the use of resources (i.e., the estimate of GDP by expenditure categories). Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

Australia GDP: Trend: Gross Fixed Capital Formation: Private: Private Business Investment data was reported at 56,117.000 AUD mn in Mar 2019. This records an increase from the previous number of 55,658.000 AUD mn for Dec 2018. Australia GDP: Trend: Gross Fixed Capital Formation: Private: Private Business Investment data is updated quarterly, averaging 15,179.000 AUD mn from Sep 1959 (Median) to Mar 2019, with 239 observations. The data reached an all-time high of 68,090.000 AUD mn in Sep 2012 and a record low of 700.000 AUD mn in Sep 1959. Australia GDP: Trend: Gross Fixed Capital Formation: Private: Private Business Investment data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A: SNA08: Gross Domestic Product: by Expenditure: Current Price: Trend.

Australia GDP: Growth data was reported at 3.442 % in 2023. This records a decrease from the previous number of 4.242 % for 2022. Australia GDP: Growth data is updated yearly, averaging 3.577 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 7.176 % in 1970 and a record low of -2.224 % in 1983. Australia GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Australia GDP: Northern Territory data was reported at 33,132.000 AUD mn in 2024. This records an increase from the previous number of 33,059.000 AUD mn for 2023. Australia GDP: Northern Territory data is updated yearly, averaging 14,559.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 33,132.000 AUD mn in 2024 and a record low of 4,269.000 AUD mn in 1990. Australia GDP: Northern Territory data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A167: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.

Australia BOP: Current Account: Services: Credits: Financial Services data was reported at 1,227.000 AUD mn in Dec 2024. This records an increase from the previous number of 1,219.000 AUD mn for Sep 2024. Australia BOP: Current Account: Services: Credits: Financial Services data is updated quarterly, averaging 369.000 AUD mn from Sep 1984 (Median) to Dec 2024, with 162 observations. The data reached an all-time high of 1,470.000 AUD mn in Mar 2023 and a record low of 17.000 AUD mn in Jun 1985. Australia BOP: Current Account: Services: Credits: Financial Services data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JB018: BPM6: Balance of Payment: Current Account: Services.

GDP: Australian Capital Territory data was reported at 59,443.000 AUD mn in 2025. This records an increase from the previous number of 55,612.000 AUD mn for 2024. GDP: Australian Capital Territory data is updated yearly, averaging 20,734.000 AUD mn from Jun 1990 (Median) to 2025, with 36 observations. The data reached an all-time high of 59,443.000 AUD mn in 2025 and a record low of 7,659.000 AUD mn in 1990. GDP: Australian Capital Territory data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A: SNA08: Gross Domestic Product and Gross Domestic Product per Capita: by State.

Key information about Australia Business Confidence Growth

• Australia Business Confidence dropped by 1.0 % in Feb 2025, compared with an increase of 4.0 % YoY in the previous month.
• Australia Business Confidence: YoY Change is updated monthly, available from Jul 2013 to Feb 2025, with an averaged rate of 0.0 %.
• The data reached an all-high of 82.0 % in Mar 2021 and a record low of -65.0 % in Mar 2020.

Australia E-Commerce Transactions: Value: News & Media data was reported at 855.328 USD in 15 Jul 2024. This records an increase from the previous number of 376.508 USD for 03 Jul 2024. Australia E-Commerce Transactions: Value: News & Media data is updated daily, averaging 49.000 USD from Dec 2018 (Median) to 15 Jul 2024, with 1189 observations. The data reached an all-time high of 1,619.922 USD in 23 Jul 2019 and a record low of 0.021 USD in 28 Sep 2022. Australia E-Commerce Transactions: Value: News & Media data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Australia – Table AU.GI.EC: E-Commerce Transactions: by Category.

Australia BOP: Current Account: Balance: % of GDP data was reported at -0.300 % in 2023. This records a decrease from the previous number of 0.338 % for 2022. Australia BOP: Current Account: Balance: % of GDP data is updated yearly, averaging -3.721 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 2.611 % in 2021 and a record low of -7.565 % in 2007. Australia BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Australia E-Commerce Transactions: Volume: News & Media data was reported at 32.000 Unit in 15 Jul 2024. This records an increase from the previous number of 18.000 Unit for 03 Jul 2024. Australia E-Commerce Transactions: Volume: News & Media data is updated daily, averaging 2.000 Unit from Dec 2018 (Median) to 15 Jul 2024, with 1189 observations. The data reached an all-time high of 32.000 Unit in 15 Jul 2024 and a record low of 1.000 Unit in 02 Jul 2024. Australia E-Commerce Transactions: Volume: News & Media data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Australia – Table AU.GI.EC: E-Commerce Transactions: by Category.